Cabinet approves continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a Financial Outlay of Rs.3.15 lakh crore

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM‑KISAN) Scheme for the financial years 2026‑27 to 2030‑31 with a total outlay of Rs 3.15 lakh crore. Launched in February 2019, the scheme provides Rs 6,000 per eligible farmer family annually in three DBT instalments, using Aadhaar‑based authentication. To date, more than Rs 4.47 lakh crore has been transferred in 23 instalments, benefiting over 9.49 crore farmers, including women beneficiaries. Independent evaluations report that over 92 % of recipients used the funds for agricultural investment and about 85 % saw income improvement, contributing to a 9.65 % rise in cultivated area, 10.53 % increase in productivity and 21.18 % growth in food‑grain output.